Chapter: 2355

Old Master Song admonished, "Wen Ting, don't just rush ahead with reckless abandon. Just maintain the status quo and keep the Song Group from falling off track. I'll be satisfied then. In the future, don't go talking about any international cooperation. I'd rather have the Song Group not expand into any foreign markets or cooperate with any foreign companies, and I don't want you to get caught up in danger again. Understand?"

Wen Ting nodded lightly and said, "Grandpa, please be at ease. From now on, I'll definitely prioritize my personal safety issues. As for cooperating with overseas companies, I think it's still possible to continue doing so. There's no need to abandon all plans because of this one incident."

As she spoke, she paused slightly and then said, "This time, Leaf Master helped me negotiate a new partnership agreement with New Day Iron, the chairman of which, Sato Shinji, has already signed a cooperation agreement with me in Japan. The content of the agreement is that both parties will jointly build a factory, investing equally at 50:50. However, New Day Iron is willing to give us Song Group 60% of their shares."

"What?!" This sentence came out, and everyone in the scene was shocked to the point of being speechless, their eyes fixed on Wen Ting.

New Day Iron has always been very strong in its overseas cooperation, even unwilling to give up a 51% stake, regardless of whether Song Group is giving them 60% of the profits. New Day Iron is still unwilling to relinquish control.

So, in everyone's eyes, New Day Iron is like an unyielding bone that's hard to chew on.

However, Wen Ting said that New Day Iron not only agreed to give up control but also willing to give away 10% of its shares to Song Group. This is simply like a crazy person talking in their sleep!

Old Master Song originally thought that Wen Ting's trip to Japan this time was a setup by family members and outsiders, aimed at letting her avoid similar dangers in the future. Therefore, he was willing for Wen Ting to give up plans for overseas expansion and cooperation with foreign companies.

But he never expected Wen Ting to actually get such a generous contract from New Day Iron.

New Day Iron is a top-notch company in the global steel industry, and their word carries great weight. Song Group, as an enterprise, needs to go begging if it wants to cooperate with them. Not only that, but they also need to prepare everything, including real estate and all other relationships, before inviting New Day Iron to come and collaborate.

This kind of feeling is like tidying up one's bedroom, then running to someone else's house to invite them over for a few days.

Attitude cannot be considered not humble.

Generally speaking, the more uneven the cooperation, the more likely it is to sign an unfair treaty.

I spend a lot of money and get little benefit, while others spend little money and get a big payoff - this is one of the most common unfair treaties.

But who would have thought that Song Wan Ting could overturn the balance between Song Group and New Day Iron, making New Day Iron spend a lot of money and get little benefit? This is something that no one before had dared to imagine.

Many people on the board felt that this was a fairy tale from heaven.

However, they didn't dare to directly question Song Wan Ting, the chairman, so they could only whisper among themselves below.

Soon, an elderly director stood up, opened his mouth and said: "Chairman, according to my knowledge, New Day Iron has never been willing to sacrifice its controlling stake. What you're saying about this contract is that the other party will fulfill their obligations or if there are any hidden clauses or harsher counter-conditional agreements in it?"

In reality, these kinds of treaty traps are indeed very common.

Many seasoned capitalists love to set up a trap for others - or their partners - within contracts.

Many entrepreneurs start their business with generous investment from capital investors, only to plunge headfirst into a big gamble.

It's all good when things go well, everyone's happy.

But if things don't go well, trouble can be huge.

Some investors require the investee to add an unlimited joint and several liability clause in the contract. Although it's just six words, its power behind the scenes can cause the investee to lose everything.

Because once you sign an unlimited joint and several liability agreement, if the investment goes wrong or loses money, the investor has the right to demand that the investee cover all investment losses themselves. JrNovels.com